US Customs and Border Protection has processed about $35.46 billion in tariff refunds and associated interest for importers after the US Supreme Court ruled that tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act were unlawful. [1, 2, 3, 4]
CBP said it had received about 126,237 refund applications and validated about 86,874 of them by Monday morning. The agency said the claims processed so far cover more than 8 million import entries or shipments, with about 8.3 million entries or shipments finalized and reprocessed to remove the IEEPA duties. [1, 2, 3]
The duties at issue were estimated at about $166 billion, far above the refunds processed so far. CBP launched its CAPE online claims system on April 20 to handle the filings. [1, 2, 3, 5, 4]
Some importers began receiving early payments last week, and one source said the first batch was set to start being paid on May 12. A court filing said 1,880 consolidated refunds had not yet been sent to the Treasury because importers had not provided bank account information. [1, 5, 6, 4]
The Court of International Trade ordered CBP to file another update on May 26. [1, 4]
